This topic contains a solution. Click here to go to the answer

Author Question: The difference between the monetarist and Keynesian views on discretionary monetary policy is that ... (Read 34 times)

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
The difference between the monetarist and Keynesian views on discretionary monetary policy is that the monetarists
 
  a. believe monetary policy is a stabilizing force and Keynesians believe it is primarily destabilizing.
  b. Keynesians think that monetary policy is always used effectively.
  c. believe monetary policy is a destabilizing force and Keynesians believe it is potentially stabilizing.
  d. favor fine tuning the economy by use of monetary policy while the Keynesians do not.

Question 2

Under a fixed exchange rate system, the exchange rate
 
  a. is equal to one.
  b. fluctuates as the price of gold fluctuates.
  c. is fixed and interest rates must vary in response to balance of payment movements.
  d. can periodically change as economic conditions change.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

onowka

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

C

Answer to Question 2

C





 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

For a complete list of videos, visit our video library